ETBFSI Newsletter | Thursday, May 1, 2025 |
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 Daily Newsletter
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Top Stories
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Despite some yield compression in FY25 due to pricing moderation in unsecured products, net interest margins (NIMs) are expected to remain stable in F...
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With an expected central bank dividend to the government by end-May, system liquidity is projected to rise to Rs 5.56 trillion, exerting further do...
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Regulatory measures aimed at curbing the rapid growth of retail credit and rising defaults in unsecured loans have had a visible impact, leading to mo...
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A recent Accenture study reveals that while most Indian bank customers stick with their primary bank for years, multi-banking is on the rise, with dig...
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Banking
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This is not the environment where we want to press the pedal on the very high yielding products, said MD & CEO K V S Manian, adding, we will ...
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Jana Small Finance Bank's shares declined by 2.6% following a 61.6% year-over-year drop in Q4 net profit, which stood at Rs 123.50 crore. Despite this...
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During the quarter, the bank's total income increased to Rs 3,836 crore, from Rs 2,894 crore a year ago, Punjab & Sind Bank said in a regulatory filin...
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The Reserve Bank of India has approved an interim executive committee to manage IndusInd Bank in the absence of its CEO. Senior executives Soumitra Se...
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The State Bank of India (SBI), the country's largest bank, today signed a Memorandum of Understanding (MoU) with Land Ports Authority of India to stre...
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IndusInd Bank and Kotak Mahindra Bank have adjusted their fixed deposit interest rates, reflecting market dynamics. Kotak Mahindra Bank marginally red...
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For the full 2024-25 fiscal, net profit rose 23.1 per cent to Rs 2,745 crore year-on-year. Total income during the year rose to Rs 24,915 crore from R...
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On the asset quality front, the bank's gross non-performing assets (NPAs) ratio rose to 2.89 per cent in the quarter under review against 2.61 per cen...
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Bank holiday today: Mark your calendars, banks across several Indian states will be closed today on May 1, 2025. This closure is due to Maharashtra Da...
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Jana Small Finance Bank is set to apply for a universal banking license in May, having met the RBI's stringent criteria, including reduced net NPA bel...
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Bandhan Bank's Q4 net profit surged six-fold to Rs 318 crore, driven by reduced provisions, although operating profit declined. FY25 saw a 23% profit ...
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Mumbai (Maharashtra) [India], Union Bank of India, today announced the launch of its MSME & CASA Outreach program, a nationwide initiative aimed at st...
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A recent report by Climate Risk Horizons reveals that Indian banks are largely unprepared to integrate climate-related risks into their operations, de...
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NBFC
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With a 23% projected CAGR in PAT over FY2527 and calibrated shifts in its loan mix, L&T Finance is expected to enter a phase of sustainable retail-...
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Fintech
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India stands at a pivotal crossroad in digital finance, Yarlagadda noted, adding that crypto adoption and the India stack (a collection of indigenous ...
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Private Equity and Venture Capital investments witnessed a surge. Investments increased by 27% during January to April 2025. The total investment reac...
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Financial Services
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INDIA-MARKETS/RUPEE (URGENT)Indian rupee hits year-to-date high on portfolio inflows, gains in Asian currencies
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Cybercriminals are using cryptocurrency and fake websites to deceive audiences. Authorities busted a major betting ring with transactions worth crores...
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The Indian rupee braved multiple headwinds in April including U.S. trade policy flip-flops and India-Pakistan tensions to come out stronger on the bac...
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